The World Market

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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 6:20 am

Do we post here?
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 6:22 am

Yea that is fine. It will be a good way to keep all the records together
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 6:29 am





The Federal Bank of Galatians

Galatians enters all $33.81 billion into the bank


VOID


Last edited by Winston Kensington on Tue Aug 06, 2013 8:57 am; edited 2 times in total
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 6:39 am

If we invest in RL companies, do we have to keep up with that ourselves?
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 7:02 am

Just put down the date you buy and the date you sell and I can figure out the loss or gain.
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 7:26 am

Purchase: Time: 7:23am Eastern

Invest $9.5 million in Apple Industries INC.



33.81 billion - $ 9.5 million
$33.8005 billion

VOID


Last edited by Winston Kensington on Tue Aug 06, 2013 8:58 am; edited 1 time in total
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 7:40 am

I hope I did this right pale 
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 7:47 am

That looks fine, the only thing you need to do is convert the rest of your money into something that your bank can hold, Gold or Silver or you could put all money in apple if you wanted. Because you are a king, you could gift all of your nations money to your royal family, pay the one time tax and that will be the royal purse or wealth.

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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 8:00 am

THIS IS THE CORRECT LIST OF EVERYONES COMMERCE BUDGETS IF THEY WANT TO JOIN THE MARKET GAME:








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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 8:07 am

I will gift $200 million to the royal family

33.8005 billion - 200 million
          $33.6005


200 million * 25%
       50 million


The money from the gift tax ($150,000,000) goes into the NOTW award fund

VOID


Last edited by Winston Kensington on Tue Aug 06, 2013 8:58 am; edited 1 time in total
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 8:08 am

So I have to start over?
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 8:17 am

TO help you out your commerce budget kensington is 93.8 billion

If you want to start a bank you need to convert that into something of real world value besides money. The basic way to get your bank started would be to convert it to Gold.

Gold I believe, or at least a few hours ago was $1305 and ounce. You would take your 93.8 billion and convert it. It would turn into 71877394.636 ounces worth of gold. That then converted into LBs would be 4492337.16475 pounds worth of gold. Now your national bank holds 4,492,337 pounds of gold. Now if you wanted to invest in something else later, you just take the current gold price times the amount of pounds you want to sell and gain that money back to use. If you decide to give your leader a gift of wealth ( which you may only do twice for a character). You must tax the amount of the gift by 25%, the tax amount goes to the NOTW award fund and the rest after taxes is know your characters bank roll. Because you run a royal empire, you could decide to give it all at once, and instead of calling it your national bank,it can be the royal families funds or royal purse. Only thing is if you decide to gift it all to your royal family as once is you will wind up paying twenty-three billion four hundred fifty million in taxes.


Hope that helped.
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 8:18 am

You do not have to start over but you will be missing out on almost 60 billion bucks bro lol
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 8:28 am

I HATE MATH!!!! LOL I'm tempted to keep it as is and just covert it into gold
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 8:30 am

Use the example I used for you, I did all the math for and converted into gold, you just have to decide how much you want to gift to your leader or family and how much is left in gold sitting in your bank


TO help you out your commerce budget kensington is 93.8 billion

If you want to start a bank you need to convert that into something of real world value besides money. The basic way to get your bank started would be to convert it to Gold.

Gold I believe, or at least a few hours ago was $1305 and ounce. You would take your 93.8 billion and convert it. It would turn into 71877394.636 ounces worth of gold. That then converted into LBs would be 4492337.16475 pounds worth of gold. Now your national bank holds 4,492,337 pounds of gold. Now if you wanted to invest in something else later, you just take the current gold price times the amount of pounds you want to sell and gain that money back to use. If you decide to give your leader a gift of wealth ( which you may only do twice for a character). You must tax the amount of the gift by 25%, the tax amount goes to the NOTW award fund and the rest after taxes is know your characters bank roll. Because you run a royal empire, you could decide to give it all at once, and instead of calling it your national bank,it can be the royal families funds or royal purse. Only thing is if you decide to gift it all to your royal family as once is you will wind up paying twenty-three billion four hundred fifty million in taxes.


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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 8:54 am

THIS IS THE CORRECT FINANCE REPORT

I will gift the royal family all of the commerce budget

$93.8 billion * 25%

Money into NOTW Award fund: $23,450,000,000

Royal Family Funds: $70,350,000,000






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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 9:03 am

But what about yours?
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 9:33 am

What do you mean?
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Re: The World Market

Post by Brighton Kensington on Tue Aug 06, 2013 9:51 am

Don't you have to reconfigure yours?
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Re: The World Market

Post by Chairman Brander on Tue Aug 06, 2013 10:07 am

Mine was pretty close I thought, but I will later on.
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Re: The World Market

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